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Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

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U.S. ready to strike Iran in early April
Public Policy; Political and Legal NewsRussian intelligence has information that the U.S. Armed Forces have nearly completed preparations for a possible military operation against Iran, and will be ready to strike in early April, a security official said.


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Posted on Friday, March 30 @ 22:31:49 PDT by Waegari
 
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ARE We Out of Gas Yet?
 
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